Chilean President Sebastian Piñera announced on Sunday a new US$ 1.5 billion package of measures to help keep the country´s ailing middle class afloat as the coronavirus pandemic continues to ravage the economy of the world´s top copper producer.
Chile's Codelco has halted work on a multibillion-dollar project to extend the life of its El Teniente mine as the copper producer strives to slow the spread of the coronavirus disease through its workforce, the state-owned mining company said.
Middle classes in Chile are going through a complicated moment, with many slipping into poverty as long-established inequality was increased by the coronavirus pandemic and overall slowdown of the economy.
Chile's economic activity fell by 15.3% in May from the same month a year ago, the central bank said on Wednesday, hitting yet another historic low as measures to contain the spread of the coronavirus left many out of work and businesses shuttered.
Chile on Sunday reported a total of 271,982 coronavirus infections since the outbreak began in the country, and 4,216 in the last 24 hours, of which 12 correspond to the Magallanes region in the extreme south of the country.
South American carrier LATAM has suspended ticket sales on 23 routes across its network, including several domestic routes within Chile and international routes from Brazil, Chile and Peru. At the same time, the Santiago-headquartered carrier has made the bold move to suspend international destinations from five Argentinean destinations to the carrier’s hubs in Santiago, Lima and Sao Paulo until 2021.
In the last 24 hours, Chile registered 4,648 new coronavirus cases, totaling 259,064 since the pandemic was officially recognized in the country, 17 March, according to the daily report by the Public Health minister Enrique Paris.
Chilean copper miner Codelco said on Thursday it was suspending refinery and foundry operations at its sprawling Chuquicamata division to prevent further spread of the new coronavirus.
The Falkland Islands currently have an only air link which is the air bridge with the United Kingdom twice a week, since the commercial flights from Chile and Brazil managed by Latam, have been suspended at least until the end of July.
Chile nearly doubled its reported coronavirus death toll Saturday to more than 7,000 under a new tallying method that includes probable fatalities from COVID-19. The toll thus increased by 3,069, Rafael Araos of the health ministry said as he explained the new government counting methodology.